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U If checked, refer to the attached Addendum incorporated herein, for additional 'fruslors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Ashton State Bank
<br />PO Box 166
<br />Ashton, NE 68817
<br />47- 0095055
<br />BENEFICIARY: Ashton State Bank
<br />PO Box 166
<br />Ashton, NE 68817
<br />47- 0095055
<br />2, CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and
<br />to secure the Secured Debt (defined below) and Truster's performance under this Security Instrument, Truster
<br />irrevocably grants, convoys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the
<br />following described property:
<br />Lot Five (5) in Block One (1), Gilbert's Addition to the City Of
<br />G,,nd Island, Hall County, Nebraska.
<br />The property is located in ......... Hall ........................................ ............................... at .... .................... .. ..... ....... _....... ....... ...
<br />.
<br />(COnn")
<br />1023 W 13th Grand Island 68801...,,,,....__,,,,.___
<br />.............................................. ............................... ................................ ............................... Nebraska ..............iv Code)
<br />wadres9) (env) ( .
<br />Together with all rights, casements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that
<br />may now, or at any time in the future, be part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LBUT. The total principal amount seemed by this Security Instrument at any one time
<br />shall not exceed $ ..... 1S. c0. 00.. Q0....................... ..... . ............... . This limitation of amount does not include interest and
<br />other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to
<br />advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of
<br />the covenants Contained in this Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />su gested, that you include items such as borrowers'names, nose amounts, interest rates, maturity dates, etc)
<br />Installment Dote in type statute of James F. Kaslon for $13,000.00 at 9.75% interest. 48 monthly
<br />payment of $328.55 starting April 28, 2002 then on the satne day of each Toth. Maturity
<br />March 28, 2006.
<br />NESRASIW - DEED OF TRUST (NOI FOR FNMA FHLl FHA OR VA USE) (page l Ol4f
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<br />State of Nebraska — Space Above'fhis Lion For Remrdioy Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />1. DATE AND PARTIES. 'I he dale of this Deed of Trust (Security instrument) is .... !W h
<br />25... 2002,,,,,,,,,,,,,,,,,,,,,,,
<br />Ll
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />�JN
<br />TRUSTOR:
<br />James F. Kaslon, a single person
<br />1023 W 13th
<br />Grand Island, NE 68801
<br />507 -64 -8374
<br />U If checked, refer to the attached Addendum incorporated herein, for additional 'fruslors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Ashton State Bank
<br />PO Box 166
<br />Ashton, NE 68817
<br />47- 0095055
<br />BENEFICIARY: Ashton State Bank
<br />PO Box 166
<br />Ashton, NE 68817
<br />47- 0095055
<br />2, CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and
<br />to secure the Secured Debt (defined below) and Truster's performance under this Security Instrument, Truster
<br />irrevocably grants, convoys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the
<br />following described property:
<br />Lot Five (5) in Block One (1), Gilbert's Addition to the City Of
<br />G,,nd Island, Hall County, Nebraska.
<br />The property is located in ......... Hall ........................................ ............................... at .... .................... .. ..... ....... _....... ....... ...
<br />.
<br />(COnn")
<br />1023 W 13th Grand Island 68801...,,,,....__,,,,.___
<br />.............................................. ............................... ................................ ............................... Nebraska ..............iv Code)
<br />wadres9) (env) ( .
<br />Together with all rights, casements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that
<br />may now, or at any time in the future, be part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LBUT. The total principal amount seemed by this Security Instrument at any one time
<br />shall not exceed $ ..... 1S. c0. 00.. Q0....................... ..... . ............... . This limitation of amount does not include interest and
<br />other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to
<br />advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of
<br />the covenants Contained in this Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />su gested, that you include items such as borrowers'names, nose amounts, interest rates, maturity dates, etc)
<br />Installment Dote in type statute of James F. Kaslon for $13,000.00 at 9.75% interest. 48 monthly
<br />payment of $328.55 starting April 28, 2002 then on the satne day of each Toth. Maturity
<br />March 28, 2006.
<br />NESRASIW - DEED OF TRUST (NOI FOR FNMA FHLl FHA OR VA USE) (page l Ol4f
<br />0190C 9anM,ti9yedm5,Iw..51. Cloud, ad (1 Madd92N1) Fam 1E0TNF IN7ffic
<br />
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